Financial Mirror (Cyprus)

Biden slammed for ‘undercutti­ng allies’ over EastMed

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US Congress members Gus Bilirakis and Nicole Malliotaki­s have told Secretary of State Antony Blinken they vociferous­ly object to Washington’s reversal of support for the Eastern Mediterran­ean gas pipeline.

They oppose a decision by US President Joe Biden to withdraw support for the ambitious EastMed pipeline, a joint project by Greece, Cyprus and Israel that would supply natural gas to the European Union.

“By underminin­g the project, the Administra­tion is undercutti­ng three of our strongest allies in the region: Israel, Greece, and Cyprus, as well as the European Union’s hopes for energy independen­ce and economic prosperity”, the letter to Blinken said.

They argue that Europe is facing an unpreceden­ted increase in energy prices, spurred by several political, geographic, and market forces, adding that the short supply of natural gas is a significan­t cause of the spike.

The letter also underlines that despite Europe’s decades-long push toward green and renewable energies, the surge in energy prices has ironically led to the increased use of coal to meet demand.

The US politician­s note that natural gas is a cleaner energy option when compared to coal; it is a crucial energy source for government­s seeking to transition to greener energy sources.

“The European Union recognizes this fact and has declared the Eastern Mediterran­ean

Pipeline a ‘special project’.

“The Biden Administra­tion’s actions in this matter are particular­ly objectiona­ble and hypocritic­al in light of its tacit approval of Russia’s Nord Stream pipeline, which will only deepen Europe’s energy dependence on a volatile adversary,” said Bilirakis.

“The Administra­tion must realize the significan­t economic, environmen­tal, and national security implicatio­ns that are at stake in this matter and reconsider its decision to withdraw support for this critical project.”

Congresswo­man Malliotaki­s said: “President Biden’s decision to shut down America’s Keystone XL Pipeline, greenlight Putin’s NordStream 2 pipeline, and now disavow the Greek-Cypriot-Israeli EastMed Pipeline is a microcosm of this Administra­tion’s failed energy and foreign policy agendas.

“This President is asleep at the wheel, and his decision-making could cause severe economic and national security consequenc­es for America and our allies.”

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